Risk Disclosure Statement

Last updated: Oct 2025

This Risk Disclosure is issued by OBAN Limited, trading as SettlePal, a company incorporated in the British Virgin Islands and authorized by the BVI Financial Services Commission (FSC) as a Virtual Asset Service Provider (VASP).

The purpose of this statement is to explain the risks involved in pledging USDT through SettlePal’s platform. By using our services, you acknowledge and accept these risks.

1. No Guaranteed Returns

Rewards are based on real merchant transaction activity.
Returns are variable and may be higher or lower depending on settlement volumes.
There is no guarantee that you will earn profits.

2. Liquidity & Settlement Risks

When you pledge USDT, your funds are used in SettlePal’s liquidity pool to provide instant settlements for merchants.
Pledged funds may be locked for settlement cycles and are not always available for immediate withdrawal.
Delays or reversals in fiat payments from customers (chargebacks, banking delays) can affect the timing and level of returns.

3. Regulatory Risks

SettlePal operates under a BVI VASP license and follows AML/CTF and KYC rules.
Regulatory changes in the BVI or your home country could affect your ability to use SettlePal.
In some cases, we may be legally required to pause or restrict your account.

4. Stablecoin Risks

Rewards and settlements are in USDT. Like any digital asset, USDT carries risk, including the possibility of de-pegging from USD or issues with the stablecoin issuer.
Blockchain congestion, network fees, or technical disruptions can delay transactions.

5. Operational Risks

As with any online platform, risks include cyberattacks, system downtime, or technical failures.
We take security seriously but cannot guarantee that services will always run without interruption or error.

6. Your Responsibilities

Only pledge funds you can afford to place at risk.
Keep your account information secure.
Complete KYC/AML verification as required.
Understand that rewards are not guaranteed and that past performance does not predict future results.

7. Limitation of Liability

OBAN Limited provides services on a best-efforts basis.
We are not liable for indirect or incidental losses, including lost profits, caused by factors outside our control (e.g. chargebacks, banking failures, regulatory actions, or force majeure events).

8. Acknowledgment

By pledging USDT or using SettlePal, you confirm that:

You understand the risks involved.
You accept that rewards are not guaranteed.
You agree that pledged funds may be subject to settlement cycles and delays.